One World Lithium Inc. announced that DDH-4 (diamond drill hole) is drilling at a location 16 kilometers north of DDH-3 or 34 kilometers south of DDH-2. DDH-4 is currently drilling the upper part of the borehole and preparing to drill to a depth of up to 600 meters in anticipation of encountering a suspected deep brine system. DDH-3 was abandoned at 230 meters due to difficulty accessing the hole location. DDH-4's location is recommended by OWL's Operator, Montgomery & Associates. DDH-4 has a planned total depth of 600 meters. The Operator noted "The bore hole may intersect historic and current hydrothermal activity that are evident and is often a source of lithium, such as in the Lithium Triangle in Argentina and Chile". DDH-4 may intersect hydrothermal activity at less than 600 meters. If DDH-4 is successful OWL may elect to drill additional holes in the southern concessions. DDH-4 is the fourth exploration borehole of a four borehole program designed to explore the Salar del Diablo lithium-brine project that covers 103,450 hectares located in the State of Baja California, Mexico. OWL currently owns a 60% property interest and on completion of the program, it will have earned an additional 20% property interest and has an option to purchase a further 10% for a total of a 90% property interest. As reported by Fastmarkets on September 12, 2021, the spot price of lithium carbonate has risen 23% from the previous month average, going from $14,630 USD to $19,000 USD per metric ton1. This has also been reflected in the share prices of both junior exploration and major producers alike.